York's outstanding stock consists of 54,000 shares of cumulative 8.50% preferred stock with a $10 par value and also 135,000 shares of common stock with a $1 par value. During its first four years of operation, the corporation declared and paid the following total cash dividends.

E El M Projeth 6 O Q m heducation.com if? York's outstanding stock Consists of 54mm shares of cumulative 8,50% preferred stock With a $10 par value arid also 135ml) shares ol Gammon stock with a $1 par value During IIS rst four years oloperatiori, the corporation declared and paid the followmg total cash dwidends 2015 $ 37,000 2016 40,650 2017 80,900 20%} 115,900 Determine the amount of leIdends paid each year to each of the two classes of stockholders assuming that the preferred stock lS cumulative Also determine the total diwdends paid to each class for the four years combined, (Round your "Dividend per Preferred Share" answers to 2 decimal places.) Annual Preferred Divwend: ___ ___ ____ ___ l-il-i j u , F4 'l ,rzm 7